$2,600,000
Wyoming, MI 49509
MLS# 24049166
Status: Sold
1 / 108
Property Description
Showings start 9-25 and all offers to be reviewed after 2pm on 9-30. Amazing totally turnkey 20 unit in quiet Wyoming setting. All Cap X is done - newer roofs, boilers, windows, parking lot and more. Most units remodeled. Tenants pay electric. Waitlist for units. There are nineteen - 2 bedroom/1 bath and one - 1 bedroom/1 bath. On-site laundry facilities. Monthly rent of over $24,000. There are 5 separately parceled 4 units around a central parking lot.
Details
Maps
Location Property Info
County: Kent
Street #: 2340
Street Name: Banner
Suffix: Drive
Post Direction: SW
State: MI
Zip Code: 49509
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $2,600,000
List Price: $2,800,000
Listing Date: 2024-09-17
General Property Info
Lot Measurement: Acres
Lot Square Footage: 58370
Lot Acres: 1.34
Lot Dimensions: Irregular
Year Built: 1978
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Road Frontage: 273
Total # Units: 20
# of Diff Unit Floor Plans: 2
Total # Bldgs: 5
Total Parking Spaces: 44
Waterfront: No
School District: Godfrey-Lee
Tax Info
Tax ID #: 41-17-11-233-019
Taxable Value: 406944
SEV: 928200
For Tax Year: 2024
Seller's Annual Property Tax: 27348
Tax Year: 2023
Spec Assessment & Ty: NA
Zoning: 4 unit apts
Remarks Misc
Directions: 131 to Burton W to Clyde Park, S to Banner, W to property
Status Change Info
Under Contract Date: 2024-09-30
Sold Date: 2024-12-12
Sold Price: $2,600,000
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: Yes
Unit 1
Unit #: 1
Unit Description: 2/1
Identical Units: 19
SqFt: 850
Occupied: Yes
Monthly Rent: 1210
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 20
Unit Description: 1/1
SqFt: 750
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Accessibility Feat: No Step Entrance
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Carports; Laundry Facility; Sep Electric Meter
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Asphalt
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Compass Realty Services
Listing Agent: Allison Koetsier
Last Updated: December - 12 - 2024
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